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, will probably be here working well past the year 2050 and probably, in today's environment, past the year 2060. our current retirement model is designed to give an employee a defined pension after a long career and it's a model that made a lot of sense in the 19 40's and 1950's but is not going to be appropriate for the 20 40's and the 20 50's. our world is becoming far so dynamic to make promises about pensions 40 and 50 years down the road. the benefit of a defined contribution system is that it gives employees options to consider. if job changes are possible, why hold people to benefits that they may not be able to use for 50 years? e're currently on a trajectory to hit about 400,000 career employees by the year 2017 and that's with all the changes we propose, the six to five day and the network changes as we shrink down. and after we reach that number, it's going to give us a pretty lean work force. we have a pretty lean work force right now from the standpoint of the network and the six-day delivery. but after that we will start hiring people. we estimate between 2017 and 2027, depending
to go and -- to go into a morbid environment. he had enough to think about. so yes, she wrote letters. she didn't have many friends, unfortunately. but she did have this wonderful family who kept her going and there always seemed to be somebody there. as far as reading, i don't think she did very much which was a shame because she was a very intellectual woman, highly educated. that intellect and that wonderful education seemed wasted in some ways. >> next question comes from bonnie who is watching us in cincinnati. hi, bonnie, you're on the air. >> hi. thank you for taking my call. this is a most intriguing subject. i do collect albums from the 1840's and 1850's of the central united states. and i do own a journal that was written by a family member of william henry harrison. the harrison family coming from cincinnati. after his death, frequently the letters that do i have, i'm not a member of that family, however i do have several of the letters and albums hand written, journals, and frequently similar to mrs. pierce, in the older women, elders of the family, there is the serious co
the policy environment the so conducive to dealing with the key issues between the u.s. and mexico. is hot andtion bill heavy, front and center. ginsburg indid espagnole. shows, toe sunday talk about immigration. the gang of eight is hard at work on that. guns, u.s.-mexico relations. i think the guns may come out not quite as favorable to mexico's longstanding positions as the immigration debate might. i would take a 14 two. we will be in good shape. the third is trade. states, nowunited japan, canada, are linked in the trans-pacific partnership talks. talks with many of our key trading allies across the pacific. many of us view it as a chance. into thebring nafta 21st century. much on thee very u.s. agenda. it shows great forward progress. welcome all of you to what promises to be a truly fascinating session. the second reason this will be terrific is because of our panelists. i will say little bit more about the ambassador of mexico. meissner, who i served with in the clinton administration. she is one of our great experts. ted. , weseries of speakers today will have first ambassador med
is deeply troubling in an increasingly restrictive environment of civil liberties. this includes the measures with respect to registration as foreign agents and also restrictions on press and internet freedom. we made clear with human dialogue but we remain committed to open dialogue with civil seent supporting their efforts. >> i do a follow-up on that? >> sure. >> in the past -- i think the u.s. government has talked a lot about their concern of human rights abuse in chechnya. i'm wondering if you think the events in boston are going to change the way the government would see human rights in chechnya? >> with respect to the ongoing investigation in boston, i have to reiterate the secretary's comment that it would be highly norptse to make comments at this time. i can tell you this has been part of our human rights reporting on russia since 1995. you will find quite a bit of information on this year's report and they note serious human rights abuses taking place and human rights violations committed by authorities and militants. >> this is going to be the last question. >> you m
easily to $2 billion in savings. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower acroscost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that we clear something up. people say it is only $2 billion out of $20 billion. if we had it this year we would break even. this year we will lose $1.7 billion on the operating line. as revenue,-costs, with the exception of a worker's comp costs and pre funding. we would make money if we made the six to five move at the beginning of this year. what happens with a $20 billion of that gap exists when you do nothing over a five-year period, and with inflation that continues to grow. when people say it is only 10% of the cost differential, it is not, it would make u
Search Results 0 to 4 of about 5

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